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- 19 Nov 2021, 15:50
- Forum: IFRS-related topics
- Topic: BCUCC or IFRS 3?
- Replies: 5
- Views: 1704
Re: BCUCC or IFRS 3?
The controlling party before and after the transaction remain the same.Therefore, the business combination is accounted for under BCUCC. IFRS 3 does not cover BCUCC but you can borrow from FRS 102/106. IFRS 10 also has a paragraph B97 on considering the transaction or set of transactions as one and ...